124, MONKS WOOD, NORTH SHIELDS, NE30 2UA - £250,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

124 MONKS WOOD is a midsized detached house of 104m², built sometime between 1996 and 2002. It was last sold for £250,000 in June 2012, which was around 11% above the average June 2012 detached price in the North Tyneside local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was C.

124 MONKS WOOD Sold Prices

Land registry data shows two sales for 124 MONKS WOOD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. Both of the two 124 MONKS WOOD sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2012 21 JUN	£250,000	£225,770	11% above HPI
1997 19 SEP	£97,650	£84,896	15% above HPI

124 MONKS WOOD Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Tyneside local authority area over time, sourced from the HPI. The two 124 MONKS WOOD sales from September 1997 and June 2012 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 1997 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the June 2012 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 124 MONKS WOOD?

124 MONKS WOOD is 104m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 50% of detached houses in Tynemouth, based on EPC data. The below chart shows the distribution of detached houses by size in Tynemouth, and where 124 MONKS WOOD lies on this distribution: 43% of detached houses are smaller than 124 MONKS WOOD, and 57% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.

124 MONKS WOOD: Plot and Title Map

124 MONKS WOOD sits on a plot of roughly 0.119 of an acre, or 482m². The below map shows the location of 124 MONKS WOOD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 124 MONKS WOOD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 124 MONKS WOOD?

124 MONKS WOOD is located in NORTH SHIELDS, in the NE30 postcode district. The below map shows the position of No. 124 on MONKS WOOD.